International Relations · Global Organizations
Consider the following statements regarding the Organization of the Petroleum Exporting Countries (OPEC): I. OPEC is an intergovernmental organization of oil-producing nations that aims to coordinate and unify petroleum policies among its member countries. II. The primary mandate of OPEC is to aggressively fund and promote global transition towards renewable energy resources over fossil fuels. III. OPEC member countries historically account for a major share of global crude oil production and own the vast majority of the world's proven oil reserves. How many of the above statements are correct?
- 1None
- 2All three
- 3Only two✓
- 4Only one
Correct answer
Only two
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